Granada Gold Mine (CVE:GGM) Shares Up 33.3% – Still a Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report) shares shot up 33.3% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 749,853 shares traded hands during trading, an increase of 252% from the average session volume of 212,905 shares. The stock had previously closed at C$0.05.

Granada Gold Mine Stock Performance

The company has a market cap of C$9.91 million, a PE ratio of -4.62 and a beta of 3.49. The company’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

About Granada Gold Mine

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Granada Gold Mine Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds a 100% interest in the Granada gold property, which owns 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec.

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